Quicken Loans Mortgage Services (QLMS) has laid out plans to grow its mortgage team next year, and it starts with the appointment of a Quicken Loans veteran to its leadership team.
QLMS said it would add 250 account executives, underwriters, and other team members in 2020 for both its Charlotte and Detroit offices. Quicken Loans’ mortgage division also announced the promotion of its divisional vice president, Paul Yatooma, to vice president of sales.
"Meeting the needs of our community by delivering the best price, products and technology has always been at the core of what we do," said Austin Niemiec, executive vice president of QLMS. "Now, with Paul gathering insights from brokers across America, we are better positioned to spot trends in the industry and quickly clear hurdles for our partners."
Yatooma’s promotion comes at a time of growth, according to QLMS. Over the past year, the company reported a 240% increase in its closed loan volume and has doubled the number of its partners to 6,000.
Yatooma will work alongside QLMS partners, as well as with banking, operations, and technology teams to ensure that the firm’s products and services continue to meet the needs of its broker partners.
In his 13 years working for Quicken Loans, Yatooma led a team of account executives as divisional vice president. He also served as senior director of mortgage banking from 2007 through 2018.